REVAL HOTELLIGRUPI AS

BALANCE SHEET

31.03.99

 

Consolidated, unaudited

in thousand EEK

                                                              31.03.99     31.12.98

 

ASSETS

Current assets

  Cash and cash equivalents                                     10,309       21,474

  Customer receivables                                           5,526        6,525

  Other receivables                                              4,579        2,568

  Accrued income                                                   175        1,634

  Prepaid expenses                                               3,490        1,355

  Inventories                                                    3,642        3,891

Total current assets                                            27,721       37,448

Non-current assets

  Long-term financial investments                               25,994       21,967

  Tangible assets                                              270,899      276,183

  Intangible assets                                              6,606        7,111

  Prepayments for non-current assets                               146            0

Total non-current assets                                       303,645      305,261

Deferred income tax                                                482          482

Total assets                                                   331,848      343,191

 

 

Liabilities and owners' equity

Current liabilities

  Current period share of non-current liabilities               35,943       45,897

  Customer prepayments                                             339          531

  Supplier payables                                              5,100        6,179

  Other payables                                                   332          577

  Tax liabilities                                               13,019       13,184

  Accrued expenses                                              10,832        7,030

Total current liabilities                                       65,565       73,398

Non-current liabilities

  Long-term debt obligations                                   148,602      148,602

  Deferred income tax liability                                  5,840        5,840

Total non-current liabilities                                  154,442      154,442

Owners' equity

  Share capital                                                 40,884       40,884

  Capital surplus                                               12,032       12,032

  Mandatory reserve capital                                      1,363        1,363

  Retained earnings                                             61,072       37,298

  Net profit for the financial year                             -3,510       23,775

Total owners' equity                                           111,841      115,351

Total liabilities and owners' equity                           331,848      343,191